NEW YORK: Turnspire Capital Partners LLC announced Monday that an affiliate has acquired LifeLine Foods LLC and ICM Biofuels LLC and will combine them under a new entity, The LifeLine Group. The food business will continue to operate as LifeLine Foods, while the biofuels operation will be rebranded as LifeLine Biofuels. Turnspire’s partner in the…
SYDNEY: AGL Energy Ltd (AGL.AX) said on Monday it will divest 19.9% of its 20% equity stake in Tilt Renewables to a consortium led by Queensland Investment Corporation (QIC) and the Future Fund for A$750 million ($480 million), in a move to recycle capital and support future growth. The transaction, expected to close by…
TEMPRE – First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the third quarter ended September 30, 2025, and updated its 2025 guidance. Net sales for the third quarter were $1.6 billion, an increase of $0.5 billion from the prior quarter. The increase in net sales was primarily due to an increase in…
LONDON – African energy firm Chariot Ltd (AIM: CHAR) said on Tuesday it has signed a Memorandum of Understanding (MoU) with Saudi Arabia’s ACWA Power to explore creating a sustainable energy business focused on southern Africa. The partnership will aim to develop, own and operate a portfolio of transitional power assets, including renewable energy,…
OSLO: Norwegian state-owned utility Statkraft AS said on Thursday it has signed deals to sell 13.5 billion crowns ($1.2 billion) worth of assets in the third quarter, a key step in a refocused strategy that comes as the company navigates lower power prices and hedging losses. The divestments, which include its district heating business…
LONDON: Octopus Renewables Infrastructure Trust plc, the diversified renewables infrastructure company, today announces it has completed the sale of its entire interest in HYRO Energy Limited (“HYRO”), a UK-based green hydrogen and e-fuels development platform, for a total expected consideration of £4.6 million, in line with the Company’s latest holding value of HYRO. ORIT’s…
OSLO: Magnora ASA has entered the Norwegian data centre market through the acquisition of a majority stake in Storespeed AS, a Norwegian data centre operator, in partnership with Blix Group AS owner of Blix Solutions AS, a sustainable Norwegian data center operator. The investment marks Magnora’s entry into the rapidly expanding data centre industry,…
ABU DHABI: Active Energy Group plc (AEG), a UK-based alternative energy company, announced Wednesday it has signed Heads of Terms with a third-party for the initial phase of its 300-megawatt renewable infrastructure pipeline in the United Arab Emirates. Construction has begun on the first 8 MW of capacity, with completion targeted for January 2026.…
PARIS: In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the completion of the sale of 50% of a 270 MW wind and solar portfolio in France to investment funds managed by Eiffel investment Group. This transaction values the portfolio at €265 million. Following this transaction, TotalEnergies retains a 50% stake…
PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with insurance vehicles and accounts managed by KKR, a leading global investment firm, for the sale of 50% of a 1.4 GW solar portfolio in North America. This transaction – which aligns with TotalEnergies’ renewables business model – values the portfolio at an enterprise value…